CRYPTOCAP UPDATE
These is the chart for Total Market cap excluding bitcoin.I want to share you some intresting points
The yellow trendline always become support from last 2 months
Previous breakout of these uptrend channel,there was slight bullish movement in alts
EMA10 acting as support from last two months,now acting as a resistance(We need to wait for breakout confirmation)
Previous bounce from 50MA=There was bullish rally in alts,same thing happened today,50MA act as a support now
Note -Please don't try to hold your coins for mid term or long term,always try to book profit on every targets and move your stop loss as per your convenience.Alts market are higly volatile due to high flucation in BTC movement. IF you trade according to CryptoTour rules u can easily manage Alts fluctuation
These is the chart for Total Market cap excluding bitcoin.I want to share you some intresting points
The yellow trendline always become support from last 2 months
Previous breakout of these uptrend channel,there was slight bullish movement in alts
EMA10 acting as support from last two months,now acting as a resistance(We need to wait for breakout confirmation)
Previous bounce from 50MA=There was bullish rally in alts,same thing happened today,50MA act as a support now
Note -Please don't try to hold your coins for mid term or long term,always try to book profit on every targets and move your stop loss as per your convenience.Alts market are higly volatile due to high flucation in BTC movement. IF you trade according to CryptoTour rules u can easily manage Alts fluctuation